The Central Bank of Myanmar announced that the country had 7.1539 tons of gold reserve and 8. 19 billion U.S. dollars worth of foreign exchange reserve as of the end of October 2013, the state media reported Wednesday. Daw Khin Saw Oo, vice governor of the bank, told the parliament that the 7.1539 tons of […]

Japan tire companies are planning to import raw rubber from Myanmar, sources say. Japan needs approximately 700,000 to 800,000 tons of rubber per year for its tire companies. Technicians from Japan will provide technical aid to the Myanmar rubber industry to match Japan market standards. Japan has planned to buy the rubber once it matches […]